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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Rupee down by 2 paise against dollar
March, 19th 2010

The Indian rupee depreciated by two paise to 45.46 in early trade today as dollar strengthened overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee weakened by two paise to 45.46 a dollar. The rupee ended lower by 10 paise at 45.4445 dollar in the previous session.

Forex dealers said besides strong dollar overseas, demand from importers for the US currency also weighed on the rupee sentiment.

Meanwhile, the Bombay Stock Exchange index Sensex rose by 44.54 points, or 0.25 per cent at 17,563.80 points in the opening trade today.

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